707 Chestnut StBastrop, TX 78602

This exceptional Bastrop, Texas property at 707 Chestnut St. presents a unique investment opportunity. Priced at $1,400,000, this fee-simple, 4,060 square foot mixed-use building boasts a 100% occupancy rate. The property features a charming, currently operating wine bar on the ground floor and a spacious residential loft apartment on the second floor, each approximately 2,000 square feet. Both levels are separately metered and offer multiple entrances. The commercial space includes a convenient courtyard, shop space, office area, a professional sink and wet area, and two restrooms. The residential loft features two bathrooms, a kitchen, laundry facilities, high ceilings, and expansive wood floors. Built around 1892, the building has been lovingly updated and maintained, showcasing its historic charm while offering modern amenities. Located in a rapidly growing area near Austin, the international airport, and Tesla, this property benefits from a highly visible location just off Main Street and ample parking in a nearby city lot. Enjoy the vibrant atmosphere of Bastrop's Main Street, with easy access to the Colorado River, parks, trails, and dining options all within a block. The property's cement/tile and wood floors add to its unique character and appeal. This is a rare chance to own a piece of Bastrop's rich history and capitalize on its exciting future. The gross lease structure ensures a straightforward ownership experience.